Dwarikesh Sugar Industries Limited — Updates, 28-10-2024: Press Release

Dwarikesh Sugar Industries reported a significant decline in financial performance for Q2 FY25, with a loss before tax of ₹36.04 crore and a loss after tax of ₹24.00 crore, contrasting with profits in the same quarter last year. Total income fell to ₹248.01 crore from ₹448.68 crore. Sugar production is expected to be impacted by reduced cane availability and government policies on ethanol production. The company anticipates a gradual recovery driven by improvements in operational efficiency and renewed government support.